Thanks Mike. I've made some progress on this. Let me know what symbol and periodicity (rangebar) you'd like me to post and we can take a look at a few examples. I'm using a period of 14 in the chart below on 4 tick ($1) rangebars of ES.
Chad
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Getting close. I'm still not sure why you now have stepped lines as opposed to the three-colored line format used in this thread. Did the code for this change since that post?
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I should add - that I then use that remaining plot for the bar color function. Above & Rising -> blue/solid, Above & Falling -> blue/hollow. Below & Falling -> red/solid, Below & Rising -> red/hollow.
This is just something I've used for a very long time and am accustomed to seeing this.
I'm doing this with a new built-in ADXVMA indicator that will be in version 10.4. It's not currently available so sharing the definition will do no good. Should be available in next week or two. If you're looking for any specific options in this indicator, let me know now.
Mike,
I think I understand what's behind the stepped lines now. I'll post some more charts later this morning.
Chad
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Hello Mike and all
What have we changed in the Adxvma Big Mike Multichart to paint the bars ..
(same as Ninja.....)
somebody you it can help me with this ..
Thank you in advance
Serger
Could you share some chart images with the rising and falling plots turned on as well as the flat plots? I'd like to see both on the same chart. Also, if you could share maybe 1-min or 5-min charts, that might make it more likely we're comparing apples to apples.
I assume when you say you're using a period of 5, that is the period used for the WeightDM, WeightDI, WeightDX, and the ChandeEMA in the original formula you posted. All 4 are set to 5.
I'm still working on it Mike. I've tripled checked that my code replicates the logic in this thread, but they are still not matching the charts you displayed in your video. Below is my 6 tick range chart for the Euro for today. I'll keep at it. Something is not lining up and I'm assuming it's on my end but I can't figure it out. Once I figure out the difference in the underlying logic, making it do the other things you're after won't be a problem.
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What setting are you using for the length so I can load a chart over here.
I wonder if the problem is your inputs, because you had mentioned multiple inputs before - it should have just one, everything else starts as 0 and is calc'd in the script.
Might check the C# version I sent you too, for a different angle on it.
Don't devote too many resources to this, I know your busy and it's low priority.
By the way, I don't see the stochastic length parameter in the list that you posted.
As far as I know, and I know because I have my own adxvma for amibroker, the parameters are
1) adx periods
Note: dmi periods and smoothing periods may be 2 different parameters if one wishes
2) stochastic periods
3) ema periods
you may use the same number for dmi_periods and the smoothing periods but the stochastic periods need to be a different parameter. The same for the ema periods.
For example for a fast adxvma line, one may use dmi_periods 3, stochastic periods 2 and ema periods 4.
the original adx uses Wilder's smoothing. In order to have better parameter resolution and the ability for fast adxvma lines (if one wants to use them), ema smoothing should be used for the adx computations.